Increased demand for temp workers

Increased demand for temp workers
Stockwatch.com ALISO VIEJO, CA
-- Demand for temporary workers in the United States for the first quarter of 2006 is expected to climb approximately 5 percent over the same period in 2005, according to the RemedyTemp Quarterly Labor Forecast, released last week. "Industrywide hiring of temporary workers is expected to maintain its steady year-over-year growth during the first quarter," said Greg Palmer, RemedyTemp's president and chief executive officer. "This stable growth is due to an anticipated continuation of relatively solid economic activity."

Preliminary figures reported by the Bureau of Labor Statistics indicate that the fourth quarter increase will likely be approximately 4.5 to 5 percent. "Despite the destruction caused by the Gulf Coast hurricanes, national economic growth remained resilient," said Palmer. "There were broad-based employment gains in November - including demand for permanent workers - in construction, retail, health services, business services and even manufacturing."The RemedyTemp Quarterly Labor Forecast is based, in part, on Bureau of Labor Statistics and other key indicators. It is tracked quarterly and serves as an indicator of economic activity. RemedyTemp provides this sophisticated forecast vehicle to assist other companies in managing their workforce intelligently to meet business demands.